Fiat commits to all-electric future by 2030

Fiat has announced it will become an all-electric marque by 2030. Between 2025 and 2030, the product line-up “will gradually become electric-only”, says CEO Olivier François.

He added that Fiat was “reminded of the urgency of taking action… for planet Earth” and cited the new electric 500 as Fiat’s first step. “Our mission is to create sustainable mobility for all. It is our duty to bring to market electric cars that cost no more than those with an internal combustion engine, as soon as we can, in line with the falling costs of batteries.”

Meanwhile Lamborghini and Ferrari have both announced that they will embrace electrification. Stephan Winkelmann, CEO of Lamborghini, unveiled a new ‘Cor Tauri’ roadmap to the decarbonisation of future Lamborghini models. The first hybrid production model arrives in 2023, and by the end of 2024 the entire range will be electrified. A fully-electric model is expected in the second half of this decade. It’s not quite yet the end of the line for the internal combustion engine, though, as two new V12 cars will be announced this year.

Ferrari has also committed to launching its first electric car by 2025. During Ferrari’s annual general meeting, chairman John Elkann said: “You can be sure this will be everything you dream the engineers and designers at Maranello can imagine for such a landmark in our history.” Ferrari’s new line-up is likely to include both plug-in hybrids and full EVs, the latter with four-wheel drive using an electric motor powering each wheel.